Best SBA 7(a) lenders for lessors of miniwarehouses and self-storage units
NAICS 531130 — Lessors of Miniwarehouses and Self-Storage Units.
1,051 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $1.47B.
Loans
1,051
Total $
$1.47B
Avg loan
$1.4M
Avg rate
6.52%
Avg term
264 mo
Industry chg-off rate
0.13%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 408 | $776.9M | $1.9M | 6.57% | 0.00% |
| 2 | Bank Five Nine | 188 | $197.3M | $1.0M | 6.61% | 0.70% |
| 3 | The Huntington National Bank | 18 | $8.0M | $446K | 7.94% | 0.00% |
| 4 | Mountain America FCU | 15 | $17.2M | $1.1M | 5.67% | 0.00% |
| 5 | Harvest Small Business Finance, LLC | 10 | $11.7M | $1.2M | 7.45% | 0.00% |
| 6 | ChoiceOne Bank | 10 | $17.0M | $1.7M | 5.08% | 0.00% |
| 7 | Enterprise Bank & Trust | 10 | $13.1M | $1.3M | 7.42% | 0.00% |
| 8 | BayFirst National Bank | 9 | $9.9M | $1.1M | 5.92% | 0.00% |
| 9 | America First FCU | 9 | $10.9M | $1.2M | 6.06% | 0.00% |
| 10 | SouthState Bank, National Association | 9 | $16.9M | $1.9M | 5.43% | 0.00% |
| 11 | Port 51 Lending LLC | 8 | $10.2M | $1.3M | 9.38% | 0.00% |
| 12 | Glacier Bank | 8 | $9.1M | $1.1M | 6.14% | 0.00% |
| 13 | BMO Bank National Association | 7 | $9.6M | $1.4M | 3.60% | 0.00% |
| 14 | First Commonwealth Bank | 7 | $4.7M | $674K | 6.82% | 0.00% |
| 15 | Byline Bank | 6 | $12.6M | $2.1M | 7.00% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 531130. Charge-off rates are calculated on the FY2020–FY2023 cohort only.